Applied Materials (NASDAQ:AMAT) SVP Omkaram Nalamasu Sells 10,737 Shares of Stock

Applied Materials, Inc. (NASDAQ:AMAT) SVP Omkaram Nalamasu sold 10,737 shares of Applied Materials stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $591.95, for a total value of $6,355,767.15. Following the completion of the transaction, the senior vice president owned 171,179 shares of the company’s stock, valued at approximately $101,329,409.05. This trade represents a 5.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Omkaram Nalamasu also recently made the following trade(s):

• On Tuesday, June 16th, Omkaram Nalamasu sold 24,263 shares of Applied Materials stock. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09.

Applied Materials Price Performance

Shares of Applied Materials stock opened at $592.92 on Thursday. The stock has a market cap of $470.75 billion, a price-to-earnings ratio of 55.67, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The stock has a 50 day moving average price of $441.16 and a 200-day moving average price of $360.55. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $623.35.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts expect that Applied Materials, Inc. will post 12.1 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. Applied Materials’s payout ratio is presently 19.91%.

Key Headlines Impacting Applied Materials

Here are the key news stories impacting Applied Materials this week:

• Positive Sentiment: Applied Materials benefited from a Citi target increase and broader enthusiasm around AI infrastructure spending, with investors viewing the company as well-positioned for sustained demand in semiconductor equipment. Applied Materials surges as Citi lifts target on AI demand boom
• Positive Sentiment: The company unveiled SENZ, a new integrated visual system for next-generation smart glasses, and announced a long-term partnership with EssilorLuxottica, creating a potential growth avenue beyond its core chipmaking tools business. EssilorLuxottica and Applied Materials Join Forces to Advance Augmented Reality Optics Platforms for Next-Generation Smart Glasses
• Positive Sentiment: Several recent articles highlighted strong fundamentals, record results, and optimism that Applied Materials is a key beneficiary of the AI equipment super-cycle, reinforcing the stock’s bullish momentum. Applied Materials: The Cheapest Seat On The AI Equipment Super-Cycle
• Neutral Sentiment: Multiple insiders, including CEO Gary Dickerson, sold shares totaling about $65 million, which can raise questions about near-term valuation even though the sales were relatively small versus their remaining holdings. Why Applied Materials Insiders Sold $65 Million Worth of Stock
• Negative Sentiment: CEO Gary Dickerson sold 71,727 shares at about $593.75 per share, adding to the day’s insider-sale headlines and potentially putting some pressure on sentiment. Gary Dickerson Sells 71,727 Shares of Applied Materials (NASDAQ:AMAT) Stock

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Morgan Stanley restated an “equal weight” rating and set a $502.00 price objective (up from $454.00) on shares of Applied Materials in a report on Friday, May 15th. Barclays boosted their price objective on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. KeyCorp boosted their price objective on Applied Materials from $450.00 to $550.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Truist Financial set a $575.00 price objective on Applied Materials in a report on Thursday, May 28th. Finally, Erste Group Bank upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $489.16.

Institutional Investors Weigh In On Applied Materials

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Applied Materials by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock valued at $19,731,523,000 after purchasing an additional 330,197 shares in the last quarter. Capital Research Global Investors raised its position in Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock valued at $8,405,458,000 after purchasing an additional 17,829,377 shares in the last quarter. Ameriprise Financial Inc. raised its position in Applied Materials by 40.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock valued at $2,563,376,000 after purchasing an additional 3,583,751 shares in the last quarter. Morgan Stanley raised its position in Applied Materials by 3.4% during the 4th quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock valued at $2,947,891,000 after purchasing an additional 373,012 shares in the last quarter. Finally, Norges Bank bought a new stake in Applied Materials during the 4th quarter valued at $2,858,543,000. 80.56% of the stock is owned by institutional investors.

About Applied Materials

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.